11. कम रिएक्ट करें।
12. शांति में आराम से रहें।
13. कमरे में शांति से जाएं।
14. कमरे से चुपचाप निकलें।
15. अपने चेहरे के एक्सप्रेशन पर कंट्रोल रखें।
16. आई कॉन्टैक्ट बनाए रखें।
17. लगातार वज़न उठाएं।
18. धीरे चलें।
19. समय पर रहें।
20. हर चीज़ के बारे में थोड़ा-बहुत जानें।
#multibagger stock
Penny stock which was became multifold
*Sindu Valley Tech.*
18 to 1780🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
Never doubt,
Always believed in this script, it will definitely give multiple returns.
Trust your research 🔬
Trust your process
Prime Cables H2FY26 Results | Presentation Highlights
▪️H2FY26 Financial Performance:
=> REV ⬆️70% - Rs. 144.20 CR
=> EBITDA ⬆️50% - Rs. 13.7 CR vs 9.2 CR in H2FY25
=> EBITDA margins: 9.5% vs 10.08%; -128 bps
=> PAT ⬆️38% - Rs. 6.7 CR
=> PAT margins: 4.7% vs 5.7%; -106 bps
▪️FY26 Financial Performance:
=> REV ⬆️67% - Rs. 234.90 CR
=> EBITDA ⬆️61% - Rs. 23.5 CR vs 14.6 CR in FY25
=> EBITDA margins: 10.4% vs 10%; -38 bps
=> PAT ⬆️67% - Rs. 12.30 CR
=> PAT margins: 5.2%
▪️Product Mix (H2FY26)
=> Control Cables: 33.4%
=> Power Cables: 29.9%
=> Aerial Bunch Cables: 33.3%
=> Others: 3.5%
👉Moving from single-product to diversified portfolio & ABC + power cables = distribution-led growth
▪️Revenue by sales channel:
=> EPC Contractors: 47.8%
=> Tenders: 49.4%
=> Direct Sales: 2.1%
=> Others: 0.7%
▪️Industry Mix Shift (Big Structural Change)
🔸Power Transmission: 25.7%
🔸Power Distribution: 53.4%
🔸Power Generation: 16%
🔸Power Consumption: 5%
👉This is key shift toward distribution capex (RDSS, electrification) and more stable, repeat-driven demand
▪️Margins & Profitability -
EBITDA margins fell from 10% to 9.5% in H2FY26 and PAT margins even came down to 4.7% from 5.7%.
This margin pressure was due to raw materials like copper and aluminium prices volatility, competitive tender pricing and product mix shift towards lower-margin execution heavy order and ABC segment revenue increased to 33.3% in H2 (lower-margin) whereas control cables (high margin) contribution plunged to 33% from 46% in H2FY25
▪️Capacity & Execution
=> FY26 utilization: 55%
=> Unit-2 Ghiloth ramping fast as peak utilization reached 85% in Mar'26
=> Expansion: New Unit (Ghiloth Unit 3); Commissioning in H1FY27 with a capex of Rs. 40 CR
=> Unit 3 will focus on Medium Voltage (MV) cables (up to 33kV)
▪️Order Book & Visibility
=> Order Book Evolution
- Rs. 106 CR (H1FY26)
- Rs. 130 CR (Q3FY26)
- Rs. 170 CR (FY26 end)
- Rs. 217 CR (Post April order)
=> Execution timeline of order is 4-6 months
👉Massive acceleration → visibility doubled in months. High churn model with faster revenue recognition but higher working capital
▪️Balance Sheet & Cash Flow
Balance Sheet -
=> Assets: Rs. 92 CR → Rs. 165 CR
=> Receivables: Rs. 38.7 CR → Rs. 70.5 CR
=> Inventory: Rs. 27.6 CR → Rs. 39.4 CR
👉Growth funded via Working capital expansion and Debt + equity infusion
Working Capital Stress
=> Debtor days: 65 → 85 days
=> CCC: ~81 days
=> Growth is working capital heavy
Cash Flow
=> CFO: -Rs. 13.1 CR (negative)
=> Capex: -Rs. 19.9 CR
=> Financing inflow: Rs. 42.8 CR
👉Interpretation: Growth funded by external capital, not internal cash
▪️Business Moat & Competitive Positioning
Key Strengths
=> NABL-certified testing lab (rare in SMEs)
=> Vendor approvals across 20+ states
=> Strong EPC + PSU relationships
=> High repeat business (~68% retention)
Strategic Positioning
=> Focus: Institutional B2B (not retail wires)
=> Avoids: Brand wars
=> Distribution-heavy capex
👉But trade-off: Lower margins vs retail peers
▪️Strategic Growth Levers
🔸Move to Medium Voltage (MV)
=> Entry into 11–33kV segment
=> Higher realization + larger projects
🔸Renewable Play
=> Solar cable certification
=> Entry into green EPC ecosystem
🔸Geographic Expansion
=> Revenue concentrated in few states
=> Strong expansion headroom
🔸Client Deepening
=> Cross-sell MV cables to existing clients
Key Risks
1. Working Capital Risk
2. Tender-Based Pricing
3. Execution Dependency
4. Capex Risk
🎯Takeaway:
👉What’s working:
Strong demand + order book visibility
Operating leverage kicking in
Strategic shift toward higher value products
👉What to watch closely:
Cash flow conversion
Working capital discipline
Margin sustainability
Prime Cable is a high-growth T&D play in expansion mode - but its real test lies in converting growth into cash.
📌If you found this summary useful, do follow and repost for more such detailed breakdowns.
Disclaimer: This post is for informational and educational purposes only
@vishan_29@Anvith_@Dynamicinvstr@TrendSpark420@InvestmentVeda@GingerInvest44@investor_sr33
Gujarati community runs half of India’s stock market wealth.
They just follow 9 unwritten money rules passed down for 400 years.
99% of people will never follow this.👇🏻
My father has faced:
A divorce
No job for years
Never get respect from others
But when I asked him how he handled everything,
His answer makes all sense:
"The move to buy Berkshire was a mistake, my mistake, one that plagued us for two decades though the price I paid looked cheap, its business was headed for extinction.
In investing, as in life, errors are inevitable. What matters is how quickly you admit and adjust the course. When you spot a bad investment, act fast and cut your losses swiftly.
Most importantly, don't be lured by a cheap price tag alone; quality is non negotiable when seeking a true margin of safety." - Warren Buffett